KAB 0.00% 0.1¢ kaboko mining limited

is it nathan black or white?, page-5

  1. 1,138 Posts.
    I wouldnt be so sure than NKP will come good. I've heard the ounces are deep and inconsistent. Add the legal worries to it and its all too hard.

    Im thinking the label of OKAP companies is again overstating their involvement. They are back office / non-exec types for the most part.

    The latest announcement for KAB didnt give a bump as the title advertised 10M locked away finance, when it was closer to $0.5M conditional, fully refundable with another $5.5M possible if the key problems are addressed i.e. is their resource, is it economically transportable.

    Should they get the $5.5M that would be a bump, but if they don't... living on a prayer.
 
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